SB 0115 | Community Investment By Banks to be Considered Prior to Deposit of State Funds |
Sponsor: | Curls | |||
LR Number: | S0590.01I | Fiscal Note: | 0590-01 | |
Committee: | Financial and Governmental Operations | |||
Last Action: | 03/06/97 - Voted Do Pass S Financial & Govt. Organization Com.-Cons. | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 115 - The State Treasurer shall not deposit state funds
in any banking institution until he considers whether the bank is
meeting community credit needs as required by the federal
Community Reinvestment Act of 1977.
DENISE GARNIER